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. >> well the debt ceiling continues. how that could affect california plus a newly released budget. >>> a fellow student appears in court and why prosecutors say he will be tried as an adult. >>> westbound between walnut creek and oakland, we will tell you more about the morning commute and the bay area weather. . >>> good morning, 20s and 30s, frost and freeze should be out. >>> well some pg&e customers in l-spurs should be out after high voltage power lines crashed on to a house. it came crashing down yesterday morning on west baltimore avenue. one person was inside the house but fortunately was not hurt. >>> they are searching for an inmate who escaped from a correctional facility. david allan brown climbed over a fence near lakeport on sunday night. as you can see from his picture he has a very distinct tattoo around his neck. he is a parole violater and has been convicted of resisting arrest. he was supposed to serve his time but was stone a jail to reduce inmate population. >>> they are looking to the toughest gun
. >> well the debt ceiling continues. how that could affect california plus a newly released budget. >>> a fellow student appears in court and why prosecutors say he will be tried as an adult. >>> westbound between walnut creek and oakland, we will tell you more about the morning commute and the bay area weather. . >>> good morning, 20s and 30s, frost and freeze should be out. >>> well some pg&e customers in l-spurs should be out after high voltage...
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and what the federal government chooses to do or not to do regarding the debt ceiling. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if it has dropped. >>> it doesn't look like survivors who filed lawsuits against pg & e are for the deadly san bruno explosion will go to trial. during a hearing in san mateo county superior court today, attorneys said they have come up with a process that should take about 90 days to settle the remaining legal claims. about 320 residents filed suit, and so far mediation efforts have netted settlements for some 120 plaintiff. >>> family members and politicians are calling for more resources to prevent military suicide as the number of suicides last year surged. numbers obtained from the pentagon show there were 349
and what the federal government chooses to do or not to do regarding the debt ceiling. >> reporter: he said if washington fails to act on the debt creel, the national economy could dip, throwing all of the numbers off. >> that's going to have a very significant effect on revenues in california. >> reporter: the govern's budget that was released last thursday will be revised or updated in may. that is when we will truly know if our surplus plus has grown with the economy, or if...
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government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama will not negotiate with congress on this issue. while republicans want any increase in the debt ceiling to be tied to spending cuts... >> the issue here is whether or not america pays its bills. we are not attend beat nation and so -- there is a very simple solution to this. >> now in a statement, house speaker phil boehner indicated the republican party is prepared for a fight and the consequences of increasing the debt ceiling are real but so too is the consequences of allowing our spending problem to go unresolved. >>> they are closely watching this debt ceiling battle in washington and if congress does not act on the debt ceiling, the national economy could fall and that would have a negative affect on california's budget numbers. they revealed a budget surplus in many years and that's thanks to a new tax revenue from proposition 30 as well as spending cuts. >>> the social media is buzzing about a possible announcement by facebook. janine de la vega joins us
government will run out of money to pay its bills if congress does not raise the debt ceiling. president barack obama will not negotiate with congress on this issue. while republicans want any increase in the debt ceiling to be tied to spending cuts... >> the issue here is whether or not america pays its bills. we are not attend beat nation and so -- there is a very simple solution to this. >> now in a statement, house speaker phil boehner indicated the republican party is prepared...
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Jan 14, 2013
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the other thing coming up is the debt ceiling. something most americans had not even heard of before two years ago. i want to be clear about this -- the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it aallows the -- it allows the country to pay for spending that congress has already attended to. these are bills that we need to pay. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with congress about whether or not they should pay the bills they've already racked up. if congress am republicans refuse to pay america's bills on time, social security and veterans benefits will be delayed. we might not be able to pay our troops, small business owners, food inspectors, air traffic controllers, specialists who track down loose nuclear materials wouldn't get their paychecks. investors around the world will ask if the united states of america is, in fact, a safe bet. markets could go hayw
the other thing coming up is the debt ceiling. something most americans had not even heard of before two years ago. i want to be clear about this -- the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it aallows the -- it allows the country to pay for spending that congress has already attended to. these are bills that we need to pay. so while i'm willing to compromise and find common ground over how to reduce our deficits,...
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s&p down 4. >>> ben bernanke thinks congress should raise the debt ceiling. that was the message, the federal reserve chairman delivered -- delivered at the university of michigan. he said congress needs to act quickly. they want to avoid a credit rating change and that could affect the economy. >>> the cold weather definitely having an impact on the central valley which grows about 8% of the country's fruits and vegetables. one family farm is in newcastle, california. that's about off 80 on the way to tahoe. farming is a tricky business. now, this cold weather is actually good news for their crop of mandarins but only to a point. >> whatever doesn't kill them makes them sweeter. so if you can get the mandarins as close to frozen as you can but not frozen, the trees push sugar into the fruit and it increases the quality of the fruit. >> analysts say orange and lemons are most vulnerable. that means higher prices. strawberries, avocados, affected as well. for avocado, one farmer says if the trees get damaged production is down for the whole year. in the next h
s&p down 4. >>> ben bernanke thinks congress should raise the debt ceiling. that was the message, the federal reserve chairman delivered -- delivered at the university of michigan. he said congress needs to act quickly. they want to avoid a credit rating change and that could affect the economy. >>> the cold weather definitely having an impact on the central valley which grows about 8% of the country's fruits and vegetables. one family farm is in newcastle, california....
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the president said he wants to make it clear that raising the debt ceiling will not raise -- he warned that if congressional republicans fail to approve legislation to pay america's bills on time, everything from social security checks to veterans benefits could be delayed. >> last time they flirted with this delay our aaa credit rating was downgraded. our business have created the fewest jobs of any month in the past three years. and ironically the whole fiasco actually haded to the deaf -- actually added to the deficit. >> reporter: president obama is reviewing a list of proposals from joe biden about how to reduce gun violence. the two met earlier today to go over the vice president's recommendations over how to tighten tougher gun laws. among the proposals under consideration are a ban on assault weapons and high capacity ammunition clips. here in the bay area gun buy back is scheduled for tomorrow in marin city. the event offers gun owners $200 to turn in their semi automat weapons. and $100 for other guns. the guns can be brought to police stations in novato, san rafael, and poin
the president said he wants to make it clear that raising the debt ceiling will not raise -- he warned that if congressional republicans fail to approve legislation to pay america's bills on time, everything from social security checks to veterans benefits could be delayed. >> last time they flirted with this delay our aaa credit rating was downgraded. our business have created the fewest jobs of any month in the past three years. and ironically the whole fiasco actually haded to the deaf...